SURETIES & GUARANTEES
Advanced Payment Bond
Ensures the reimbursement of advance payments to the buyer in the event the seller fails to fulfill delivery obligations for goods or services. It is a requisite when a contractor seeks an advance payment from the principal, facilitating the funding of initial costs and mobilization efforts associated with the contract.
APPLICATION
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Additional Information
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Enhanced Coverage
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Documents Required
Letter of Award / Project Contract / Agreement / Purchase Order
Latest ACRA Bizfile (within 3 months)
Latest Audited Financials
Bond Format (if any)
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Applicable To
Suppliers
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Case Study
You can always Whatsapp our customer service officers to attend to your insurance needs.
Why Choose AWG Insurance?
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A preferred partner to your insurance needs
AWG Insurance Brokers is a trusted, MAS-licensed broker in Singapore offering tailored insurance and risk management services. With over three decades of experience, we specialise in creating customised professional indemnity insurance that professionals and businesses can count on.
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We’re more than just insurance providers; we are risk advisors. From identifying potential liabilities to selecting the right coverage structure, we work hand-in-hand with you to design a solution that matches your operational risks and regulatory requirements.
Our edge:
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In-depth understanding of multiple industries
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Competitive pricing through access to local and international insurers
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Dedicated claims support and advocacy
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Personalised advice and policy structuring
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When you choose AWG, you choose peace of mind.